Insurance Agency Insights
How to work with a lender in times of trouble
Chapters
Insurance Agency Insights
How to work with a lender in times of trouble
May 08, 2020 Season 1 Episode 2
Peter Friedman

With the unforeseen pandemic we find ourselves in today, Peter and Doug discuss what agencies should know about working with a lender. Peter explains the criteria that lenders use in considering whether to make a loan, and how the criteria change in an economic downturn. He also shares information about how agency owners can best prepare their businesses for borrowing, in case they need funding during the coming months.